Gulf Tanker Incidents May Raise Shippers’ Costs, Cut Traffic July 22, 2019 By David Koenig and Frank Bajak Seizures of oil tankers and other hostile Iranian measures in the Strait of Hormuz are already raising insurance rates for...
Seeking to Avoid Escalation, Ships Deploy Unarmed Guards to Navigate Gulf July 17, 2019 By Jonathan Saul LONDON — Shipping companies are hiring unarmed security guards for voyages through the Middle East Gulf as an extra safeguard...
Oil Tanker Insurance Costs to Jump After Gulf Attacks June 13, 2019 By Julian Lee and Alex Longley The cost of insuring tankers to ship Middle East crude looks set to jump after a second spate of attacks...
Railroad Union Pushes for Tougher Safety Standards on Tracks April 30, 2015 Union officials say tougher inspection and maintenance standards for railroad tracks could help prevent dangerous derailments of trains carrying crude...